Earnings send Wall Street higher ahead of Trump State of the Union speech
U.S. stocks rose on Tuesday as largely upbeat corporate results fueled investor optimism ahead of the highly awaited State of the Union address by President Donald Trump.
Chevron CEO Wirth set to earn $19 million in annual pay
(This February 4 story corrects headline and paragraphs 1, 4 to show Wirth is eligible to earn $19 million, not “more than $28 million”.)
Uniper CEO, CFO to step down at end of August
The chief executive and finance chief of energy group Uniper, which has been in a tussle with major shareholder Fortum, will step down at the end of August, the company said on Tuesday.
Fiat Chrysler recalls 882,000 pickup trucks for steering, pedal issues
Fiat Chrysler Automobiles NV said on Tuesday it would recall 882,000 pickup trucks worldwide in two new recalls to address steering and pedal issues.
U.S. jury orders Takeda to pay Bayer $155 million over hemophilia drug
A U.S. jury has ordered Takeda Pharmaceutical Co’s Baxalta unit to pay Bayer AG $155.19 million for infringing a patent related to a Baxalta hemophilia treatment, court records made public on Tuesday show.
Global shares climb to two-month high, dollar rises ahead of Trump speech
World stocks raced to a fresh two-month high on Tuesday to keep up their fast start to 2019 while the U.S. dollar strengthened for a fourth straight session as investors looked toward an annual address by the U.S. president later in the day.
U.S. corporate enthusiasm for France cools, survey shows
A dimming economic outlook and massive street protests against President Emmanuel Macron have made France less attractive for U.S. companies with investments in the country, a survey showed.
Wall Street higher on earnings optimism ahead of Trump speech
Technology and consumer discretionary stocks lifted Wall Street on Tuesday, as upbeat results from Estée Lauder and Ralph Lauren fueled earnings optimism, ahead of the highly awaited State of the Union address by President Donald Trump.
ADM fourth-quarter profit misses as U.S.-China trade war stings, shares drop
U.S. grains trader Archer Daniels Midland Co on Tuesday reported lower-than-expected fourth-quarter 2018 earnings as the U.S.-China trade war roiled global agriculture, sending its shares down more than 6 percent.
Merck CEO Frazier plans to testify at Senate drug pricing hearing
U.S. drugmaker Merck & Co Inc said on Tuesday that its Chief Executive Ken Frazier plans to testify at a Senate hearing later this month examining rising prescription drug prices.
